International Journal of Management and Enterprise Development (6 papers in press)
- Toward the measurement of alliance entrepreneurship; initial scale development and validation
by Ali Davari, Arash Rezazadeh
Abstract: This study attempts to develop and empirically test a measurement instrument assessing alliance entrepreneurship. The proposed scale comprises three dimensions: pre-alliance formation factors, post-alliance formation factors, and alliance performance, each incorporating several sub-dimensions. A series of three studies are implemented to generate an initial pool of items, to test the quality of data, and to purify the proposed scale. Data analysis is conducted in terms of reliability and validity assessment, confirmatory factor analysis (CFA), and also outer and inner model estimation. Employing the Structural Equation Modeling (SEM) technique in both covariance-based and component-based approaches, our findings from a sample of firms in Irans telecommunication and automotive industries provide strong evidence of reliability and validity, multidimensionality of constructs in second-order hierarchical modes, and the goodness of fit for measurement models as well as the structural model.
Keywords: alliance entrepreneurship; pre-alliance formation factors; post-alliance formation factors; alliance performance; entrepreneurial performance; scale development
- Enterprise Development through the Safety Culture Maturity Model
by Bordin Vongvitayapirom, Achmad Nizar Hidayanto, Kongkiti Phusavat
Abstract: The research aims to provide a roadmap for implementing a safety culture maturity model or SCMM which is critical for enterprise development today. The research methodology consists of two phases. The first phase involves an in-depth study into one oil and gas company as a baseline case. This case helps endorse the seven safety components for the implementation of the SCMM in an enterprise. The second phase compares the baseline cases results with industrial practices. In this phase, the Principal Component Analysis or PCA is applied for this comparison. The experts who participated in this second phase helped to verify these findings and to further assist in developing a checklist. For this study, the roadmap consists of the safety components and the checklist. Finally, this research contributes to enterprise development due to the emerging importance of occupational safety and health.
Keywords: Safety Culture Maturity Model, Safety Management System, and Enterprise Development
- Thai garment industry organizational characteristics and strategic factors that affect corporate performance
by Chavalit Nimlaor, Jirasek Trimetsoontorn, Wanno Fongsuwan
Abstract: This study concerns the modeling and analysis of the Thai Garment Manufacturers Association's members using both quantitative and qualitative research methods. With the garment industry expected to continue its contraction and loss of exports due to increased global competitiveness, the researchers wish to use decades of industry knowledge to conduct further analysis. Quantitative data was obtained from 178 entrepreneurial members while qualitative data was gathered from in-depth interviews of 10 senior executives using simple random sampling (Purposive Sampling) while using Partial Least Square (PLS-Graph) software to apply structural equation modeling analysis. Results showed the hypotheses had a significance level of p ≤ 0.05, having a significant influence on corporate strategy and organizational characteristic. Findings concluded that industry entrepreneurs must have clear strategic leadership visions keeping pace with rapidly developing sector changes. Finally, industry leaders must also respond immediately to their customers while maintaining their margins and a competitive advantage.
Keywords: Apparel; garment industry; corporate strategy; R&D; corporate performance.
- Financial and Non-Financial Information in Reorganization Failure Prediction
by Eija Kärkinen, Erkki K. Laitinen
Abstract: The purpose of the paper is to analyse the contribution of financial and non-financial information on predicting reorganization failure of very small entrepreneurial firms. The data used in this study consist of a sample of Finnish firms (n=68) reorganizing under Finnish Company Reorganization Act (comparable to chapter 11 in Bankruptcy Act in the US). Up to 50% of the firms have failed during the reorganization program while the rest of the firms continued operating. This study examines whether the expected weak predictive ability of accrual-based financial ratios (hypothesis 1) can be increased by using cash-based (manipulation-free) cash flow ratio (hypothesis 2). In addition, it is examined whether non-financial variables either alone (hypothesis 3) or in conjunction with financial ratios (hypothesis 4) are able to predict firm failure more accurately than models based on financial-information solely. Logistic regression analysis is used to test the four hypotheses. Empirical evidence supports all hypotheses.
Keywords: reorganization; failure; entrepreneurial firms; non-financial characteristics; cash flow
- Optimal production lots for items with imperfect production and screening processes without using derivatives
by Hui-Ming Teng, Ping Hui Hsu
Abstract: Complicated traditional computing processes take the first and second order derivatives to obtain the EOQ/EPQ formula are difficult to understand. This study proposes an EPQ model for imperfect items, which utilizes a simple computing method without using derivatives and considers different screening rates to obtain the optimal production lots. The analytical method for sensitivity analysis is examined. A numerical example is provided to illustrate the proposed model. Using the proposed model, researchers who are unfamiliar with calculus may be able to find a solution to procedures with inventory problems more easily.
Keywords: imperfect quality; screening process, derivatives
- Social Network Analysis: Potential Quality Tool for Enterprise Development
by Kongkiti Phusavat, Amir Radfar, Rotrat Rojanakit
Abstract: The study evaluates the applicability of the Social Network Analysis (SNA) as a quality tool for an electronic manufacturer. This firm looks for a suitable tool to help improve its delay time when handling a customer complaint. Despite various quality-related tools, there is no specific technique to help analyze the bottlenecks in information flows. For instance, process analysis is applicability with the tangible objects. For the SNAs findings, the information bottlenecks are identified at the Supervisor and Product Engineer Section Manager nodes. The feedback is gathered from all participants for their feedback on the future use of the SNA. They consider the SNA as useful in gaining the visibility and insightful knowledge on the linkages of all key tasks. Finally, the SNA has strong potential to be part of current quality tools being applied today for enterprise development.
Keywords: Social Network Analysis, quality tool, information bottlenecks, and enterprise development